Firefly Aerospace plunge 10% after wider quarterly loss

Core Insights - Firefly Aerospace shares experienced a significant decline following the announcement of a wider second-quarter loss and a decrease in revenue, marking its first earnings release as a public company [1] Financial Performance - The company reported a wider loss for the second quarter compared to previous periods, indicating financial challenges [1] - Revenue also declined during this quarter, reflecting potential issues in sales or operational efficiency [1]